Jindal issued the Executive Order in regard to the company whose salt mine collapsed into a massive sinkhole last year, noting that the review would determine if Texas Brine was financially fit.

"It has become clear that Texas Brine is trying to run out the clock on the citizens of Bayou Corne and Grand Bayou by hiding behind insurance companies, lawyers and lobbyists," Jindal said in a statement released Monday afternoon. "That is unacceptable. Texas Brine is responsible for the sinkhole, and they need to clean up the mess they've made and do right by the people of Bayou Corne and Grand Bayou by issuing long overdue settlement offers."

In March, state and local officials met with Texas Brine and received a promise that the company would offer compensation to those forced from their homes by the sinkhole. To date, Jindal said, no buyouts have been offered.

About 110 residents have requested settlement forms and most have taken steps to complete the application process, the state claims.

Texas Brine, meanwhile, published an open letter on Monday addressing the matter.

In it, the company blames delays from its insurers, noting settlement offers have been held up as a result.

Officials said they will "continue to push" for money that could be used toward settlements.

They said they were not, however, able to offer a timeline for such progress.